FxWirePro: Japanese yen falls in early Asia after BOJ’s comments
USD/JPY is currently trading around 111.45 marks. It made intraday high at 111.57 and low at 111.00 levels. Intraday bias remains bullish till the time pair holds key support at 110.50 marks. A daily close above 111.05 w…
It made intraday high at 111.57 and low at 111.00 levels.
Intraday bias remains bullish till the time pair holds key support at 110.50 marks.
A daily close above 111.05 will take the parity higher towards key resistances around 111.58, 112.20, 112.86, 114.88, 115.50, 117.21, 118.18, 118.66, 119.52 and 120.46 levels respectively.
On the other side, a sustained close below 111.05 will drag the parity down towards key supports around 110.50, 110.09, 109.72, 106.72, 106.03 and 104.96 levels respectively.
BOJ Governor Kuroda - Japan consumer inflation likely to move around zero pct for time being, turn slightly positive ahead.
BOJ Governor Kuroda - Japan's financial system maintaining stability.
BOJ Governor Kuroda - Boj will maintain QQE with yield curve control for as long as needed to achieve 2 pct inflation in stable manner.
BOJ Governor Kuroda - BOJ will adjust monetary policy as needed to maintain economy's momentum to achieve its price target.
Japan’s February current account increase to 2813.6 bln jpy (forecast 2615.6 bln jpy) vs previous 65.5 bln jpy.
